NEWARK, N.J., Oct. 2, 2017 – Yanela Frias walked into her employee orientation program at Prudential Financial, Inc. 20 years ago in Newark, New Jersey, filled with excitement about her new position as an entry-level accounting associate. Now she runs the company’s Investment & Pension Solutions business with $230 billion in assets and is the 49,000-employee company’s most senior Latina.
Frias cites Prudential’s focus on talent and diversity – as well as lessons she learned from her Cuban immigrant parents – as drivers of her success.
Prudential this month was named Company of the Year by LATINA Style magazine for giving Latinas the best career opportunities. In its 20th annual LATINA Style 50 Report, the magazine cited Prudential for empowering all associates, regardless of their backgrounds.
“I saw my parents come to this country in search of a better life for themselves and for their daughters,” Frias wrote in an article for the magazine’s September/October issue. “I quickly realized that anything was possible in this country if you work hard and persevere.”
“The diversity of experiences, opinions and backgrounds across our company, in every aspect of our operations, enables us to meet the needs of our customers and help them become more financially secure.” –John Strangfeld, Prudential chairman and chief executive officer
The magazine, which serves U.S. Latina professionals and business owners, has been compiling the ranking since 1998 and bases it on criteria such as the number of Latina executives, educational opportunities, alternative work policies and Hispanic relations.
“With one of the company’s core values of respect, Prudential Financial, Inc. has found a way to empower its associates. Prudential has distinguished itself since the beginning as a company who nurtures its associates and paves their road to a successful career,” the magazine said in announcing the honor.
In the magazine, Prudential Chairman and Chief Executive John Strangfeld wrote how the company’s culture of inclusion helps drive its success.
“The diversity of experiences, opinions and backgrounds across our company, in every aspect of our operations, enables us to meet the needs of our customers and help them become more financially secure,’’ Strangfeld wrote.
Prudential Financial, Inc. (NYSE: PRU), a financial services leader with more than $1 trillion of assets under management as of June 30, 2017, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. In the U.S., Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit www.news.prudential.com.